Anger about higher prices appears to outweigh the benefits of a hot labor market in the minds of consumers.
  • PinkPanther@sh.itjust.works
    0·
    10 months ago

    It’s not inflation. It’s greedflation. I live in Denmark, where greedflation is increasing, but nothing like in Norway! Also, Norwegian companies were complaining about electricity prices last year and got a shit-tonne of money to not go bankrupt. Turns out, many of the companies had record profits - we’re talking more than doubling their previous record (in the billions…).

    Eat the rich!!

  • Szymon@lemmy.caEnglish
    0·
    10 months ago

    Why be proud of an economy when it does nothing to help you stop suffering? That’s something that touches probably 80-90% of people.

  • originalucifer@moist.catsweat.com
    0·
    10 months ago

    if ‘the economy’ is not really a metric the common man should care about in any capacity, why do news agencies push it like its the new god?

    • maynarkh@feddit.nl
      0·
      10 months ago

      The “economy” means the stock market. It’s what is important for capital gains. Guess who owns the news?

    • Cyborganism@lemmy.ca
      0·
      10 months ago

      They’ve lobbied they way into creating a system there they have practically no bounds.

      I mean, they even found a way around human rights and labor laws with prison slave work and even getting laws signed in some states in favor of child labor in the US. And that’s only in the US. In some other countries where manufacturing was moved there are literal slaves and children doing the work.

      Then there’s the whole enshittification where they change the ingredients or the process to use the least material as possible to cut costs, selling food that barely passes for food and products that fall apart and break faster. Or hell, even have services now provided by some stupid AI. Oh and they also slightly reduce the amount per packaging as well thinking we won’t notice.

      Then after they turn around and charge big bucks for that crap. It’s shameful. But they got the governments in their pocket.

    • sethw@kbin.social
      0·
      10 months ago

      even that doesnt tell the story well enough, blaming “corporate greed” is too impersonal. corporations are made up of flesh and blood real people making conscious choices that help themselves and hurt others. the greed is human and the humans have names, THEY are collectively AND INDIVUDALLY responsible.

  • ULS@lemmy.ml
    0·
    10 months ago

    Economy? Who has faith in any aspect of humanity these days…

    • GluWu@lemm.ee
      0·
      10 months ago

      If I don’t need it, I don’t buy it. If I do need it, I make it. If I can’t make it, I’ll buy it second hand.